Monday Oct  10 2016 MCD seems to be losing out in the burger wars. And it is happening at both ends. On the low end, In and Out Burgers features a simple menu and has two SA locations. It reminds me of the original MCD. Five Guys has five SA Locaitons now. Smashburger has two…

Friday April  1 2016 Rackspace may be up for sale After a big start in offering server based e mail, the firm has seen its stock price slide and profits fall. Speculation is that a large fim like MSFT might be a buyer to get in on more cloud based services. Stay tuned.

Weekend Nov 7, 2015 Michael Pearson Valeant CEO got a $100 M margin call from Goldman Sachs this past week.  Friday Oct 30 GS told him to pay the loan or face foreclosure by Tuesday Nov 3. Sure enough GS sold 1.3M shares that Thursday Nov 5. We study equity in ACCT 3302 and 3304.  So…

  Wednesday June 24, 2015   Wall Street Week after the Crash of 1987 Part I Part II Part III Luis had the chair of Merrill Lynch, the strategist for Goldman, and John Templeton. The CEO of Merrill is virtually useless, clearly understands little about markets or market history.  The guy from Goldman also speaks…

Tuesday April 14 2015 Here is a collection of comments from former  FED Chair Bernanke who never saw the bad news coming. Janet will likely do the same. 

Tuesday Jan 20 2015 We study earnings management and financial engineering in both intermediate accounting and ethics.  Here is an example of a potential research article for the ethics class. How much have stock buy backs figured in moving the stock market higher?  Do companies have to generate real earnings are can we just buy…

Monday March 3, 2014 I made the comment on the investment blog that the smart money would 'bet on Vlad.'  So far that prediction is working pretty well. Here is a good summary on red flags the West ignored.  AFter drawing a red line in Syria and then failing to follow through, Putin seized the…

Monday August 5, 2013 Since going independent in 1991 Estonia has become a high tech center. Certainly the small size of the country made it easier to 'get things done' but it also highlights the folly of the Soviet System. 

Thursday June 20 2013 Here is an example of what students can learn from reading http://www.themarketperspective.com Markets were down around the world after the FED remarks yesterday.Bernanke struggled for clarity. But the direction of the markets was pretty clear, this was just the news event the media will hang its hat on. Rather than change policy…

Thursday Feb 14 2013 An interview with legendary Jim Rogers is always fun. Go to Amazon.com and put in jim rogers to see how many books he has written, and on what subjects.